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RTX's Raytheon Signs MOU with Diehl Defence for Stinger Missile Co-Production

Summary by PR Newswire
/PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, and Diehl Defence have signed a memorandum of understanding to co-produce key elements of the Stinger®...

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In May, the Council of the European Union (EU) approved the SAFE (Security for Action for Europe) program, which aims to establish a loan mechanism, worth €150 billion, to facilitate the purchase of military equipment by member states. The United Kingdom, Norway, and Ukraine are eligible to participate. As explained... This article, German company Diehl Defence and American company Raytheon agree to produce Stinger surface-to-air missiles in Eur…

“The Stinger is the surface-to-air missile of choice for 24 countries, including Germany and nine other NATO members,” said Tom Laliberty, president of Land & Air Defense Systems at Raytheon. “We are seeing historically high demand for the Stinger due to its unmatched effectiveness and efficiency against a variety of short-range threats.” The agreement should be seen in the context of additional Stinger purchases by Germany and other allies. The…

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PR Newswire broke the news in United States on Tuesday, August 19, 2025.
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